Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The jewellery manufacturer Van Cleef & Arpels has chosen the Auvergne-Rhône-Alpes region to open two new workshops that will lead to the creation of 600 jobs. 'From September onwards, there will be between 10 and 20 job creations, and then they will give themselves a year to welcome many more employees', explains Stéphane Rodier, Mayor of Thiers.
One of the workshops will be created in the Drôme department and the other in the Puy-de-Dôme department. The first workshop will open on the outskirts of Romans-sur-Isère, the second on the border between Dorat and Thiers. Each of the workshops will be able to accommodate at least 250 employees, in sites that are easily accessible from Lyon, Paris and Geneva - where the company is already established - in order to create strong synergies between the different production sites.
The second workshop will be located in Dorat, where several buildings for training, production and services for employees will be built. Here, too, an incubator will be set up, 'which will enable new talent to learn the essential gestures and develop their know-how throughout their apprenticeship', according to regional authorities.
Eurofound (2023), Van Cleef & Arpels, Business expansion in France, factsheet number 108839, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/108839.
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